Recap 2nd tight range week in a row waiting for the Greece / EU decision on Friday and over the weekend. Closed the week above Y-0 and near midpoint.
Outlook The drama is not over and the so called “agreement” is as fake as before. Until we have clarity with the situation, the swings can be wild once Euro break out of the 2 weeks tight range.
There are better opportunities than waiting for Euro.
Lawrence's Comment
Recap
Like clock work, Aussie was the easiest play last week. Held Y-0 and move above Y+1 giving way to Y+2 my target. Then cleared Y+1 on a small pullback ...
For more information about this report please refer to the Market Bias Informant pageTrading day for Forex symbols start at around 5 pm ET depending on Daylight Saving Time schedule
Lawrence's Comment
Recap
Slided further down near Y-2 but bounced off before tagging the price level. Rejected by Y-0 as expected. Closed the week near Y-1 and below midpoint.
Outlook
Turning the top ...
For more information about this report please refer to the Market Bias Informant pageTrading day for Forex symbols start at around 5 pm ET depending on Daylight Saving Time schedule
EURUSD Feb 23 to Feb 27 Outlook
Lawrence’s Comment
2nd tight range week in a row waiting for the Greece / EU decision on Friday and over the weekend. Closed the week above Y-0 and near midpoint.
Outlook
The drama is not over and the so called “agreement” is as fake as before. Until we have clarity with the situation, the swings can be wild once Euro break out of the 2 weeks tight range.
There are better opportunities than waiting for Euro.
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